Examples of Restricted Shares Purchase Agreement in a sentence
The Restricted Shares Purchase Agreement shall contain such other terms, provisions and conditions not inconsistent with the Plan as may be determined by the Administrator in its sole discretion.
The offer to purchase Shares shall be accepted by execution of a Restricted Shares Purchase Agreement in the form determined by the Administrator.
Shares issued upon exercise of Options or purchase of Restricted Shares prior to the date, if ever, on which the Ordinary Shares becomes a Listed Security shall be subject to a right of first refusal in favor of the Company pursuant to which the Participant will be required to offer Shares to the Company before selling or transferring them to any third party on such terms and subject to such conditions as is reflected in the applicable Option Agreement or Restricted Shares Purchase Agreement.
The purchase price for Shares repurchased pursuant to the Restricted Shares Purchase Agreement shall be the original purchase price paid by the purchaser and may be paid by cancellation of any indebtedness of the purchaser to the Company.
Such restrictions shall be set forth in the applicable Restricted Shares Purchase Agreement or Option Agreement and shall apply in addition to any restrictions that may apply to holders of Shares generally.
Unless the Administrator determines otherwise, the Restricted Shares Purchase Agreement shall grant the Company a repurchase option exercisable upon the voluntary or involuntary termination of the Participant’s Continuous Service Status for any reason (including death or Disability).
The Cerberus Entities shall have entered into the Stockholders Agreement and, simultaneously with the Closing, shall have consummated the issuance and sale of shares pursuant to the terms of the Restricted Shares Purchase Agreement.
Sellers shall have entered into the Stockholders Agreement and, simultaneously with the Closing, shall have consummated the issuance and sale of shares pursuant to the terms of the Restricted Shares Purchase Agreement.
The purpose of this assignment is to enable the Company to exercise its repurchase rights, as set forth in the Restricted Shares Purchase Agreement, without requiring additional signatures on the part of the Purchaser.
The undersigned acknowledges that the certificate contains legends restricting transfer as specified in Section 6 of the Restricted Shares Purchase Agreement.